QBE on track to reach robotics milestone of 30,000 claims tasks a week

QBE-processing-30,000-insurance-claims-tasks-per-month

QBE’s claims operations are on track to hit a 30,000 tasks per week milestone in its robotic processing capabilities.  By the end of this year, QBE will have 45 ‘robots’ in place completing 30,000 tasks a week across its European division.  This is twice the number of robotics-facilitated tasks completed on a weekly basis at the end of 2019 and an increase of 15 ‘robots’.

The ‘robots’ are created in-house to complete essential but repetitive non-decision-based tasks, such as searching, collating and formatting data, populating forms, setting up claims, instructing third parties and processing payments.

The development of robotics is just one part of QBE’s claims transformation programme, which also sees artificial intelligence deployed across all stages of the claims lifecycle.

Mike East, QBE Claims Director, said “This is a rapidly changing area, where we continue to smash our own targets in our drive to be a data driven customer-centric organisation.  Robotics is the start of our ‘bionic’ claims journey, where we look to combine technology and people to deliver a truly exceptional claims service.”

For the remainder of 2020, QBE will expand its robotics capabilities to include UK Motor First Notice of Loss, motor damage and personal injury claims, alongside additional administrative functions. 

Mike East, QBE Claims Director added “Just as we are investing in our technological abilities, we are also investing in our people capabilities, expanding our local claims teams, as we believe the best claims service requires a human touch.  This is not about replacing people with robots, it’s about leveraging technology to free our experts up to do more for our customers.”

Authored by QBE

CLICK HERE TO SIGN UP FOR OUR
FREE BI-WEEKLY NEWSLETTER

About QBE

QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.

As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.

We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.

Latest video

QBE video: The Top 10 Construction industry risks

What are the most common risks in construction and how can QBE’s new Contractors Combined package help?For more information CLICK HERE click here for more